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Mon 26 Feb 2018 03:46GMT

Latest Currency Headlines at SendMoney.org.uk

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Daily Pound Sterling Exchange Rate Update: GBP Struggles after UK GDP Growth Downgrade Published: 22 Feb at 4 PM
Pound Sterling (GBP) Although the Pound has appreciated slightly against the US Dollar on 22nd February, elsewhere it has dropped by -0.3% against the Euro and by over 0.4% against the Australian Dollar and New Zealand Dollar. This generally poor performance comes after news that UK GDP growth readings have been revised down in Q4...
Pound Sterling Daily Update: GBP/EUR and GBP/USD Exchange Rates Rally on Brexit Deal News Published: 20 Feb at 3 PM
Pound Sterling (GBP) The Pound has advanced by 0.4% against the Euro and by a lesser amount against the Euro today, in addition to seeing substantial rises against other currencies. Sterling has made such a strong performance because of the surprising news that the UK could be granted EU single market access after Brexit, which goes...
Pound Exchange Rates Dip after EU Warning over Citizens’ Rights Published: 19 Feb at 4 PM
Pound Sterling (GBP) The Pound has traded tightly against the Euro and dropped by -0.3% against the US Dollar on 19th February, following a warning from MEP Guy Verhofstadt. Mr Verhofstadt has warned about the unpalatability of UK plans to reduce the rights of EU citizens who enter the UK during the transitional period,...
US Dollar Exchange Rates Worsen after Temporary Inflation Rate Boost Published: 14 Feb at 5 PM
Pound Sterling (GBP) The Pound was able to advance against the Euro and US Dollar on 14th February, although was mainly down to weakness in the other two currencies. UK data wasn’t especially positive; in addition to the IMF warning about lower UK productivity levels, Foreign Secretary Boris Johnson’s Brexit defence speech had a...
Pound Holds Steady as UK Growth Forecasts Revised Up Published: 7 Feb at 3 PM
<h3>Sterling</h3> The Pound (GBP) found itself sliding against the majority of its peers on Wednesday morning following the release of the UK’s latest house price figures Figures published by Halifax this morning revealed that UK house prices stumbled an additional 0.6% last month, with Brexit anxiety appearing to be major...
Daily Currency Update: Pound Exchange Rates Worsen after German MEP Questions Brexit Goals Published: 6 Feb at 4 PM
Pound Sterling (GBP) The Pound opened trading on Tuesday in a relatively stable position, but soon fell across the board when German MEP Manfred Weber declared that there was little clarity about Brexit. Weber was specifically referring to the UK government’s sometimes conflicting messages about Brexit desires; these concerning...
Pound (GBP) Rally Limited Following Underwhelming UK Manufacturing Report Published: 1 Feb at 5 PM
Pound Sterling (GBP) UK political jitters eased slightly on Thursday and markets became more focused on next week’s highly anticipated Bank of England (BoE) policy decision, making the Pound more appealing to investors despite mixed UK ecostats in recent sessions. Thursday’s most notable news was the publication of Britain’s January...
Pound (GBP) Pressured by UK Political Uncertainties as US Dollar (USD) Recovers Published: 29 Jan at 5 PM
Pound Sterling (GBP) While Sterling was supported by strong UK job data and growth projections last week, the Pound saw mixed performance on Monday due to fresh concerns about the stability of the UK government and how it may affect the Brexit process. Over the weekend, reports emerged that UK Prime Minister Theresa May could face a vote...
Pound Exchange Rate Forecasts: Sterling Advance Possible on Consumer Confidence Improvement Published: 26 Jan at 1 PM
Pound Sterling (GBP) The Pound has made a moderate 0.3% advance against the Euro today, in addition to surging by 0.8% against the US Dollar. This favourable performance comes after reports that UK quarter-on-quarter GDP grew in Q4 2017, while year-on-year growth slowed by less than expected. While this data has supported the Pound...
Pound (GBP) Hits Post-Brexit High vs US Dollar (USD) as US Trade Fears Escalate Published: 25 Jan at 9 AM
Pound Sterling (GBP) After climbing to multi-month highs against the Euro and US Dollar on the back of better-than-expected wage data the Pound struggled to maintain this bullish momentum for long. Nevertheless, hopes for an imminent Bank of England (BoE) interest rate hike remain heightened, limiting the downside potential of GBP...

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